The following are economic agents in any economy EXCEPT

JAMB Economics 2023 171 views
Source: JAMB · 2023

The following are economic agents in any economy EXCEPT

  1. Government
  2. Household
  3. Firm
  4. Central Bank ✓
Explanation

The three economic agents are households, firms and government. They make the spending, production and tax decisions in an economy.

The Central Bank is a government institution, so it is not counted as a separate agent.

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